Details:
Primary Business
4 star, AA Superior rated Hotel, Spa, Conference Center,
Day Visitor & Tour Destination with Function &
Event facilities linked to a 2 star AA Recommended block
of self catering apartments also available on a timeshare
basis FULLY sold out with , these days, hotel only acting
as managing & letting agent for which it collects
a “handsome” managing agents fee and commission.
Timeshare Body Corporate VERY solid with VERY healthy
reserves and financially totally self sufficient.
Turnover: Roughly R7,05 M per annum (2002 /3) escalating
at 10 – 15% with an average GP of 72%.
Development Facts
First built in 1985 with sections added on in ’86
& ’87. Brick and reinforced concrete structure
ranging from ground floor to 6 floors at it’s
highest point with high quality finishes, fixtures and
fittings throughout. The ENTIRE interior was fully refurbished
at a cost of ZAR 2.5 M in 1996 with roughly R500 000
pa spent on ongoing improvements since then. Total available
land – 27 000 sqm with HUGE expansion possibilities.
Physical attributes
- 14 luxury and de luxe rooms , 1 x Presidential Suite
with 30 semi lux, timeshare holiday
apartments (sold out) with a total bed capacity of
150 pax. (3 by 6 sleeper family suites to be
added on before the end of 2003 with a further 3 scheduled
for February 2004)
- 2 restaurants seating 150 & 36 respectively,
each with own kitchen.
- 4 prestigeous bars.
- 1 indoor pool linked to full health spa and gym
with steam bath and treatment rooms.
- 5 outdoor pools and 4 spa baths of varying temperature
ranging from 43*C to 30*C,
all fed from the natural thermal spring which originates
on the property and which is part of
the sale.
- Games room and 3 shops/boutiques.
- Lift and ramps to all levels including wheelchair
ramp into main hot spring pool – i.e. physically
challenged friendly.
- Conference room for up to 120 people.
- In house housekeeping, laundry, maintenance &
admin department with all relevant offices,
stores, etc.
- 24 hour reception area & security.
- Tarred car park with parking for 200 vehicles including
47 under cover bays.
- Function and catering area with space for up to
250 pax fully equipped with buffet counters etc.
- Room service, café and take away division
with own kitchen.
Grounds & Ancillary Features
- Large gardens with day visitor and picnic facilities.
- 18 hole mini golf course.
- Beach Volleyball Court.
- Bird sanctuary, aviary and nature conservation area
borders on Hotel property.
- By arrangement with neighbouring holiday home park,
free access to tennis courts and half an Olympic size
cold water pool, as well as play park for children.
- Rental access to another 120 chalets with a bed
capacity of almost 500 people.
Outstanding Feature
As already indicated, the 43*C Hot thermal and radio
active springs are the property of the Hotel.
The opportunity to OWN this spring is pretty unique
in South Africa and even rarer in other countries where
natural wonders such as these are normally state controlled
or belong to the public at large.
Future Expansion
With the amount of land that is available the possibility
of further expansion and the development of more accommodation,
health facilities (Kur Ort) and other features such
as a water park, are almost endless and with the level
of demand that the hotel is (and has been) experiencing
these past years, there is no question that this extra
demand already exists and is only waiting to be exploited
viz.
6 x Family Garden Suites to be built by end 2003 adding
36 beds.
The Town
The town (voted ENGEN’S South Africa village
of the year 2002) is fast becoming the tourist Mecca
of the Cape and is rightfully known as the jewel in
the crown of the Western Cape. A new road completed
in 2001 makes it an easy drive from Cape Town and it’s
natural beauty, climate and location is proving an irresistible
draw card for visitors from all over the world. In a
nutshell, the town is fast becoming the Cape’s
true resort town and is particularly popular in the
winter months.
Of recent it is also starting to attract international
attention as one of the best locations in the world
for the extreme sport known as “rock climbing’
and in May 2003, the hotel hosted a weekend event that
attracted over 1000 participants and spectators to this
and other extreme sports. The next event is scheduled
for May 2004.
Surrounding Area
Within a 30 km radius there are a vast number of activities
on offer including:
Wine Routes, Breede River Boat Cruises, Fresh Water
Fishing, Water Sports of all descriptions,
4 X 4 Adventure Routes, walks and hikes with overnight
huts in the mountains, Game farms with hunting facilities,
Sporting activities such as bowels & squash whilst
the town is rich in culture and historical value.
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